January 4, 2024 @ 11:07 pm By Omar Faridi  |  

Dubai Duty Free, which claims to be one of the largest travel retail operators, announced its partnership with Alipay+ in order “to power a seamless travel and checkout experience for international visitors.” Consumers from South Korea, Singapore, the Philippines, Thailand, Mongolia, Italy as well as… Read More

 Tagged alipay, dubai, mena, middle east, payments, uae

January 4, 2024 @ 11:03 pm By Omar Faridi  |  

FusionIQ, a firm focused on the delivery of cloud-based wealth management solutions with their all-in-one digital platform for financial institutions, announced a partnership with Kinecta Federal Credit Union. The integrated FusionIQ One platform “makes it easy for banks and credit unions to offer additional investing… Read More

 Tagged fusioniq, kinecta federal credit union, wealth management, wealthtech

January 4, 2024 @ 5:10 pm By Omar Faridi  |  

Wirex, a Web3 money platform, announced a significant enhancement in its measures to combat Dark Web activities and money mule threats. The company has reportedly “incorporated ZeroFox’s Dark Web Monitoring tool into its system, creating a unified solution.” This way, a combination of human and… Read More

 Tagged dark web, illicit activities, money mules, money platform, pavel matveev, web 3.0, Web3, wirex

January 4, 2024 @ 11:05 am By Omar Faridi  |  

Netbank, an embedded finance platform in Southeast Asia, is pleased to announce a transformative partnership with Sprout Solutions, the HR and payroll software provider in the Philippines. This collaboration marks a significant leap forward in “redefining the employee benefits landscape through the introduction of an… Read More

 Tagged banking, digital banking, embedded finance, netbank, Philippines, southeast asia, sprout solutions

January 4, 2024 @ 10:58 am By JD Alois  |  

Bumper, an automobile payments Fintech, has raised $48 million in Series B funding, according to a note from the company. The funding round was led by Autotech Ventures with participation from Shell Ventures, JLR’s InMotion Ventures, Porsche Ventures, and Revo Capital. To date, Bumper has… Read More

 Tagged alexei andreev, automobiles, autotech ventures, bumper, james jackson, payments, uk, united kingdom

January 4, 2024 @ 10:44 am By JD Alois  |  

UK-based Fintech Capital on Tap has selected Damian Brychcy to be its new Chief Executive Officer. Brychcy replaces David Luck, who will become the Executive Chairman of the firm. Brychcy was previously the company’s Chief Product Officer. Luck said he would work closely with Brychcy to… Read More

 Tagged Capital On Tap, damian brychcy, David Luck, uk, united kingdom

January 4, 2024 @ 9:34 am By JD Alois  |  

LendInvest Mortgages says it has “drastically” reduced residential rates in an effort to enable first-time buyers and boost its business. For credit-impaired borrowers, LendInvest says rates now start at 5.49% – a reduction of 55 basis points. Paula Mercer, Head of Sales at LendInvest Mortgages,… Read More

 Tagged lendinvest, mortgages, paula mercer, uk, united kingdom

January 4, 2024 @ 8:38 am By Omar Faridi  |  

As the new year unfolds, Loqbox, a UK-based financial wellbeing business, reveals compelling insights from a survey of over 2,300 of its members, “indicating a commitment to financial health among Britons in 2024.” Key findings shared by Loqbox with CI: Financial goals to take center… Read More

 Tagged europe, financial wellbeing, loqbox, research, tom eyre, uk, united kingdom

January 4, 2024 @ 3:00 am By JD Alois  |  

Payments Fintech Volt has announced the appointment of Irina Chuchkina as Chief Marketing Officer. Chuchkina was previously at Thunes. Prior to Thunes, Chuchkina held executive marketing roles at Rapyd,  super-app Grab, and Visa. She has also served on the board of the Singapore Fintech Association…. Read More

 Tagged irina chuchkina, payments, thunes, tom greenwood, uk, united kingdom, Volt

January 3, 2024 @ 11:34 am By Omar Faridi  |  

Plaid says that it has led the industry shift away from screen scraping, with the majority of their traffic now “on or committed to APIs.” Plaid are pleased to see regulators “reaffirm the industry’s adoption of this new technology.” At the same time, the open… Read More

 Tagged apis, financial services, fintech adoption, fintech trends, open finance, plaid